Bel announces grand opening of new facility in india

West orange, n.j., march 07, 2025 (globe newswire) -- bel fuse inc. (nasdaq: belfa and belfb) (“bel” or the “company”) today announced the grand opening of its new facility in manesar, gurugram, india, a critical milestone following bel's acquisition of enercon in november 2024. the original enercon factory in india, which this replaces, was opened in 2018 and grew from 17 associates to over 200 associates today. the new facility will enable our power solutions and protection segment to double its manufacturing capacity in india. this expands the overall bel footprint outside of china thus providing more optionality for our customers.
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